Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Lockheed Martin to donate facilities, aircraft in COVID-19 response plan
BETHESDA, Maryland — Lockheed Martin Corp. on Friday announced it will donate the use of its facilities for crisis-related activities, including critical medical-supply storage, distribution,

SBA Syracuse District director offers tips to small businesses on agency’s disaster loans
SYRACUSE, N.Y. — Bernard J. Paprocki, director of the U.S. Small Business Administration (SBA) Syracuse District Office, says the volume of calls and web traffic

U.S. Labor Department publishes guidance on new leave law
The U.S. Department of Labor’s Wage and Hour Division (WHD) announced on March 24 its first round of published guidance to offer information to employees and employers about how each can take take advantage of the protections and relief offered by the new Families First Coronavirus Response Act (FFCRA). The law takes effect on April

Oneida Nation gives employees 2 weeks of coronavirus-related paid time off
VERONA — Oneida Indian Nation is giving its full-time employees an additional two weeks of coronavirus-related paid time off (PTO). The Oneida Nation says it’s providing the “multi-million dollar” investment to help employees and their families “defray the economic impact caused by the coronavirus pandemic,” per a March 15 news release. Each full-time employee “immediately”

Tessy Plastics to lay off up to 400 employees
SKANEATELES — Tessy Plastics Corp. plans to lay off up to 400 people but is also giving each of its 1,000 employees a check for $2,000 to help them make due financially as the firm ceases production of items it doesn’t deem “essential.” The moves are part of the manufacturer’s efforts to comply with state

Children’s Home of Jefferson County announces it is hiring
WATERTOWN — The Children’s Home of Jefferson County (CHJC) has a message for those who may be newly out of work or underemployed due to the coronavirus (COVID-19) crisis: It is hiring. “During this tumultuous time, as we come together to deal with … COVID-19, CHJC remains keenly aware of our inherent responsibility to serve

DFS: Insurance firms must waive cost-sharing for in-network telehealth visits
New York insurance companies are now required to waive cost-sharing — including deductibles, copayments (copays), or coinsurance — for in-network telehealth visits. The New York State Department of Financial Services (DFS) on March 20 announced it adopted the new emergency regulation under New York Insurance Law. The new adopted emergency regulation follows Gov. Andrew Cuomo’s
What does insurance cover in the coronavirus crisis?
The coronavirus situation is on everyone’s mind. We are receiving calls asking, “How will my policy respond?” We know many more of you have similar questions. Here is a brief primer on how insurance will likely respond and what your organization can do to prepare. The two policies under primary consideration regarding a coronavirus outbreak are

Report: Private-sector workplace injuries in N.Y. lower than national average
Private-industry employers in New York state reported more than 140,000 nonfatal workplace injuries and illnesses in 2018, for an incidence rate of 2.2 cases per 100 full-time equivalent (FTE) workers, according to the latest available figures released by the U.S. Bureau of Labor Statistics (BLS). The BLS report, issued in January, noted that “New York

New York’s labor-union membership drops, but still among highest in nation
In 2019, 1.7 million wage and salary workers in New York state were union members, according to figures released by the U.S. Bureau of Labor Statistics (BLS) in February. That’s a decline from 1.9 million union members in 2018. The percentage of the state’s wage and salary workers in a union dropped from 22.3 percent in
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.